'Bailment' definitions:
Definition of 'bailment'
(from WordNet)
noun
The delivery of personal property in trust by the bailor to the bailee
Definition of 'Bailment'
From: GCIDE
- Bailment \Bail"ment\, n.
- 1. (Law) The action of bailing a person accused. [1913 Webster]
- Bailment . . . is the saving or delivery of a man out of prison before he hath satisfied the law. --Dalton. [1913 Webster]
- 2. (Law) A delivery of goods or money by one person to another in trust, for some special purpose, upon a contract, expressed or implied, that the trust shall be faithfully executed. --Blackstone. [1913 Webster]
- Note: In a general sense it is sometimes used as comprehending all duties in respect to property. --Story. [1913 Webster]